Real Alpha
Try Pro free

The Real Eisman Playbook · 5 min · Sep 29, 2025

Palantir turns customer data into operational decisions

Dan Ives · Partner & senior managing director, tech analyst, Yorkville Ives

Dan Ives explains how Palantir analyzes large datasets, then describes customers who had struggled for years to put their data to work.

The episode’s best minutes

Full analysis
  1. 22:55Big tech can fund AI spending before adoption scales5 min
  2. 39:12Palantir turns customer data into operational decisions5 min
  3. 44:47Data center power needs make nuclear a key AI betPro pick 5 min
  4. 2 more moments in the full episode
“They can mine their data in a way that basically no other company in the world can mine data.”
Dan Ivesat 41:35 · The Real Eisman Playbook
41:35

Takeaways

  1. Palantir helps organizations analyze large volumes of data.
  2. An insurance example found pricing and actuarial rates were off by 20–30%.
  3. Ives says its commercial AI platform is gaining traction with customers.

About this segment

Dan Ives explains how Palantir analyzes large datasets, then describes customers who had struggled for years to put their data to work. He sees its commercial AI platform as a major opportunity beyond government contracts.

Dan Ives

Dan Ives is a tech analyst at Wedbush Securities.

Built a globally recognized technology research franchise, covering software and broader technology markets for over 25 years.

From “The AI Revolution: Winners, Losers, & The Future of Tech | The Real Eisman Playbook Episode 27”, Sep 29, 2025. Watch the full episode

Transcript

Transcribed by machine (Whisper) from the episode’s audio, so a word may be off here and there.

  1. 39:25

    can't. Let's talk about Palantir for a second. Talk to me like I'm a moron. What does Palantir do look and palantir and i'd say if i think about like in my history tesla being like the most controversial palantir being like number two okay like i'm saying one like because like we're bullish on like 10 12 bucks it is the most institutionally hated we're getting palantir yeah we're getting emails left and right be like this isn't about i can't believe you i mean like the craziest type emails ever from institutional clients institutional like saying like how basically how could you recommend this stock. Like this guy should be like fired that he's bullish on Ives like has no idea about this but my whole view on Palantir was a very Very simple, and it was like, okay, Karp is a musk on the enterprise.

  2. 40:14

    In other words, Alex Karp is a genius that understands data, and he understands where the world's heading. What he did in government, because the whole— So just, what does this company do? Palantir's work with every three-letter agency in the U.S. Yes. Any Western government, from there, Europe, Israel. So basically, like, if you think about any sort of, like, MI6 type of movie, the software behind that in one stage or another has been Palantir, government.

  3. 40:47

    So explain to me what that software does. And they essentially, they basically are able to take mounds of data and analyze it in a way that the scale and the speed is unmatched. So have they ever given, like, a specific use case of what that meant? Now, they can't talk about some of the stuff on the defense side, but from an enterprise side, think about it like, you know, they're able to go to an insurance company, go through their data, and in the course of three days being like, okay, what you're charging customers is off by 20%.

  4. 41:26

    Your actuary rates are off by, you know, 20, 30%. You should actually be focused on this demographic and these people based on your data. And the marketing department is like, how do you know that? Know that based on the data. Okay. So they can mine your data much better than you can mine your own data. They can mine their data in a way that basically no other company in the world can mine data. Now, who have you heard that from?

  5. 41:55

    Probably over 100 CIOs. You call a guy up, he runs a company, tell me the conversation. But just to be clear, the whole reason we were bullish on Palantir is that we would go to these like customer events, okay? These like stocks like 12, 15, and basically it was clear to me where, okay, government is where, that was their base foundation, just like Oracle, right? Right. But where they're going on the commercial side, oh, my God, because now they're taking that technology, and it was called AIP from an AI perspective, and as they're building that out in the enterprise, that is going to be the magical solution in terms of AI.

  6. 42:39

    And we would talk to customers left and right and be like, we've been trying to do this for two years. We've had every consulting firm in. We've paid five. We're trying to do this. And here's what's crazy. Palantir doesn't have direct salespeople. Really? So it's all word of mouth. It's all word of mouth. And it all basically, it's, it's basically companies that go to boot camps that they run or, you know, come to them.

  7. 43:03

    So once I started to realize what they were doing with companies, I realized like, look, they can miss a quarter. It could take time for this thing to work. But in my mind, this is. Is there anybody else out there that's close to them? No one. Like no, no one's even. In the universe. In the universe. Now, there's companies like MongoDB, Snowflake, you know, from a software perspective, you know, Oracle, they partner with Palantir.

  8. 43:30

    Microsoft, they were going up against Palantir, partner. You know, there's a lot of companies, like, they go up and finally they're like. They're too good. They're too good. Now, then it goes back to evaluation, so expensive. Look, my view on Palantir is basically, like, they are the future.